Justin Sun becomes latest crypto mogul to join Forbes’ Billionaires List

Justin Sun becomes the newest crypto magnate added to the Forbes list of the world’s billionaires. Meanwhile, CZ retains his place as the richest crypto billionaire.

According to Forbes World’s Billionaires List 2025, Justin Sun has a net worth of $8.5 billion, earning him a spot at number 353. The Tron trx-3.39 % TRON founder recently entered the list this year, even though Arkham Intelligence estimated Justin Sun’s net worth to be around $1.4 billion as of January 2024.

With the latest inclusion of Justin Sun, there are a total of sixteen crypto magnates on the list who have managed to accumulate a combined net worth of more than $164 billion.

Former Binance CEO Changpeng “CZ” Zhao has maintained his place as the richest cryptocurrency mogul on Forbes’ list. In 24th place, CZ’s net worth nearly doubled from $33 billion to $62.9 billion in the span of a year, even after paying fines and spending four months behind bars. After stepping down from his role as Binance CEO, CZ is currently head of YZi Labs, formerly known as Binance Labs.

The second richest crypto figurehead is Giancarlo Devasini, the Chief Financial Officer of stablecoin issuing firm Tether USDT-0.02 % Tether. In 90th place with a net worth of around $22.4 billion, Devasini is stated to be the biggest shareholder of Tether. In fact, four out of the 16 crypto figures on the list of billionaires came from stablecoin giant Tether. Aside from Devasini, there’s also former CEO Jean-Louis van der Velde, current CEO Paolo Ardoino, and General Counsel of Tether, Stuart Hoegne.

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Gemini co-founders and identical twins, Cameron and Tyler Winklevoss, tie in 1141st place with a net worth of $3.2 billion each. The Winklevoss twins founded the cryptocurrency exchange Gemini in 2014, which currently processes $30 million worth of crypto transactions per day.

Coinbase base-8.73 %. Base co-founders Brian Armstrong and Fred Ehrsam also made it into the billionaires list. Armstrong ranks in 311th place with a net worth of $9.2 billion, while Ehrsam is in 1362nd place with a net worth of $2.7 billion.

Chairman of Strategy, Michael Saylor, has seen his net worth increase by $3 billion compared to last year, bringing him to 430th place. Saylor’s net worth is reportedly worth around $7.4 billion. Formerly called MicroStrategy, the software company rebranded to Strategy in February this year. At press time, Strategy is the largest corporate holder of Bitcoin btc-2.13%Bitcoin, owning 528,185 BTC worth around $45 billion.

Other major names from the crypto space that are included on the list include Ripple xrp-4.55%XRP co-founder Chris Larsen, Stellar’s xlm-4.08%Stellar Jed McCaleb, venture capitalist Tim Draper, CEO of Galaxy Digital Holdings Mike Novogratz, and Bloq chairman Matthew Roszak.